Islamic-Compliant and Certified

The aurexo Gold Dinar Savings Plan strictly follows Islamic principals and rulings, this has been exclusively certified and confirmed by Minhaj Shari'ah Financial Advisory in Dubai (UAE). Minhaj Advisory is a partner of AAOIFI in Bahrain. Chairman of Minhaj Advisory and scholar of the aurexo Gold Dinar Savings Plan is Sheikh Prof. Abdul Sattar Abu Ghuddah.

According to Islamic Law...

The Islamic Dinar is a specific weight of 22k gold (917.) equivalent to 4.25 grams. 

The Islamic Dirham is a specific weight of pure silver equivalent to 2.975 grams.

Umar Ibn al-Khattab established the known standard relationship between them based on their weights: "7 dinars must be equivalent to 10 dirhams."

Our LBMA certified aurexo Gold Dinar Bar is based on this model and it is made of the purest 24K gold (999.).

In addition, the management of aurexo is an official and recognized member of AAOIFI and certified as a "Certified Sharia Advisor and Auditor" (CSAA).

Our team also holds the Certified Islamic Finance Executive (CIFE) certification from the internationally recognized ETHICA Institute

Abu Mas'ud Al-Ansaryy reported that the Prophet (peace and blessings of Allah be upon him) said:

When a Muslim spends something on his family intending to receive Allah's reward it is regarded as Sadaqa for him. Sahih Al-Bucharyy, Nr. 5351

Good Delivery certified gold

Our partner Heimerle + Meule GmbH is the oldest gold and silver refinery in Germany (since 1845) certified in accordance with the strict criteria of the Good Delivery Standards of the London Bullion Market Association*.

This means: 

  • Strict monitoring of supply sources
  • Guaranteed fineness and authenticity of gold and silver products
  • An absolutely transparent supply chain
  • Bearing responsibility on behalf of customers
  • Our aurexo Gold Dinar Bars are therefore LBMA-certified.

More information at: http://www.lbma.org.uk

*The London Bullion Market (bullion = coined precious metal) is the most important OTC gold and silver trading venue and one of the most globally significant commodity trading centres in the City of London. The world market price has been determined here since 1897 for silver and 1919 for gold. Trading is coordinated by the London Bullion Market Association (LBMA).

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